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installed. 30 minutes, solar basics, stay with me. >> let's talk about the technology, what is it and how does it work? there are three types of solar actually when you sauk about solar. i want to avoid the confusion to make sure we're focusing on the right one. two of them involve heating water and they're very viable technologies, can be very coast effective but we're not going to deal with them right now. one is solar pool heating. it pumps the water up there, heats it, runs it through there, the sun heats it and back into the pool. this one is called solar thermal or solar hot water. it heats domestic hot water or d.h.w. that's your hot water that you use four showers and dishwashers. we're going to talk about solar electric. they have the same technology as computer chips. they're similar in structure to that tran cystor-like computer chip technology based on silicon. the best thing about them is there are no moving parts and they last a long time. there are cells, modules, and arrays. a cell is one of these pieces here. it's a small unit wired together in a certain way to produce ha
disappointing data. well, technology shares under pressure, especially the large cap names. the selling could be due to uncertainty on a budget deal and folks just wanting to lock in gains, potentially, of course, before taxes on capital gains go up next year. maybe not such a surprise. check out the spider select technology fund, an etf, exposure to the likes of, yes, app 8, and soft -- apple, and software makers and stocks. xlk, the name, and it's dropping. apple, of course, look at what apple's doing, down today, about 1%, but it is up 27% this year. google moving higher. microsoft and ebay lower today, especially ebay down, well, nearly a buck today on the trade. all right, so about, oh, about 47 minutes left of trading on the day after christmas. the markets still trying to get back to the water mark. they are now down about six points after briefly getting above in positive territory. tech stocks the worst. case index showing home prices on the rise, a good thing. check in on how this moves the markets, if at all, nicole's on the new york stock exchange, and jeff flock at the cme. nicol
's legacy. how are you, sir? >> good morning. >> i'm interested in how technology can revive the dream. let's talk about post partisan ways to use technology to change a lot of the problems we have. >> let's talk about that. everybody agrees that only growth can give us the american dream again and balance the budget. >> how? >> the key to any successful economy in the world today is to have widespread broadband, lots of that internet you were just talking about and very, very cheep and clean energy. if we can move the economy very, very rapidly to cheep and clean energy and to very widespread broadband, we will have the platform on which rapid economic growth will be possible. >> you made the me think about a guest we had a couple of weeks ago. ray was brilliant and talked a lot about the singularity and the future where man and machine and technology will be much more merged than we are now. technology will allow it to do things that are unimaginable at this point. do you foresee that future where technology becomes part of the body and allows it to go to another level. >> the most exciti
and technology? >> it's a good question, and it's one that comes up all the time. and i think the important thing to recognize is, you know, people -- when the airplane came along, okay, the framers had no idea there would be air travel like that. probably except for jefferson. [laughter] but he wasn't around when they were writing the constitution. so does that mean that the commerce clause doesn't apply to air travel? of course not. the principles that the framers meant to establish in the commerce clause certainly can readily be applied to evolving commerce. the court doesn't always get this right. i mean, for example, when wiretaps first came up, you know, when the framers wrote the fourth amendment about searches and seizures, they didn't envisions wiretaps, and the first decision was, well, the fourth amendment momentum apply o this. but it became pretty clear pretty quickly that allowing people to intercept private conversations constituted the same sort of search and seizure of material that the framers want to protect. so you try to find, at least i do -- different judges approach these
of people's eyes, which was about technology, quite critical comments about technology, which seemed quite a bit odd, given that he has only just started using twitter. >> he is not opposed to technology, as such. he is actually quite charming in his use of it -- for example, twitter. i think he is drawing attention to something that concerns a lot of people, not just catholics or christians, and that is that in the revolution, the information revolution that we are living through, the past 30 years or so, we are all of us experiencing the increasing pace of that revolution that is putting people in distress. we experience it has individuals with the phenomenon is burned -- phenomenon of burnout, which is virtually epidemic in the western world. of course, for society, it has a very serious repercussion, mainly that a society where everybody feels overloaded and cannot cope with how much they are being asked to do, it becomes a very uncaring society, a very egotistical society, and ultimately carries the seeds of its own destruction within itself. that was his message. >> what struck you a
: in terms of water supply, wastewater, stormwater development -- these are independent technologies. but what came first, most often, was a water supply system. the basic system is essentially the same as we used back in the 19th century. and in some cases, some of the same pipes. grusheski: philadelphia was the first american city to develop a water system and to take on as a municipal responsibility water delivery to all of its citizens. when william penn laid out the city, he actually chose a spot of land that had a lot of groundwater. however, by 1730, 30,000 people lived within the first seven blocks of philadelphia, next to the delaware river. well, 30,000 people caused filth in the city and polluted their water sources. the groundwater was not potable. and in one year, 1/6 of the population died of yellow fever. now, they didn't know at the time that yellow fever was carried by mosquitoes. but the health issue was major in that first movement to build a water system. narrator: so they set out to find the cleanest source of water. although the majority of philadelphia's water
, the source of all of our technology and ultimately our military power and potential for growth and we are ttling into over the pale, everybody in silicon view is angling for green subsidies and it is a tragedy. lou: that tragedy compounded by the fact the money that has been spent by this administration if you will on venture money like solyndra has been disastrous. >> they are twisting our venture capitalist, turning people like john doerr into a blithering idiot. john seeking government subsidies. he now wants us to support him rather than him to support the country with wonderful new companies like intel. lou: john is being adaptive to new realities. the primary source of the capital, he is turning to it, i suppose. i want to turn to this book, "the israel test." you take up the issue of the world civilization, importance of israel within it. as capitalist as well as jewish state. you really believe that israel is that strong, that important in the world's future? >> i certainly do. the american economy is heavily dependent on israel today, partly because of the debauchery of silic
for the suggestion. we have about 25 minutes left. we'll come back and talk with jason pontin of the "mit technology review." the subject is about solving big problems in america. we'll take your calls in a moment. [video clip] >> the british admirals and generals were reporting to the crown that the colonists were sending ships everywhere to try to get ammunition and muskets and cannons. this was after the british had sent more troops to boston after the boston tea party and it's clear the colonists were pulling together the ammunition and cannons. the king basically prohibited british ships from taking ammunition and everything to the colonies unless it was officially sanctioned. they were very alert to this. as soon as the collins found out about the order in new hampshire and rhode island, they took the ammunition so everybody knew it was coming in the winter of 77 for-1775 -- in the winter of 1774-1775. >> "washington journal" continues. host: we are focusing on the "mit technology review." we are talking about big problems in the world. we will get to this coverage in just a second. this is ja
, with water that are not always proven technologies, but they're things that are enough proven you should take a bit of a risk and you should show others it can be done. >> we're showing the world, suddenly had wind turbines which they didn't have before. so, our team realizing that time would change, and realizing where the opportunities were today, we said, you know what, we started out as really something to control wind as an asset, when you combine today's technology becomes something entirely different. >> wind turbines in an urban environment is a relatively new concept. there are a few buildings in other major cities where they have installed wind turbines on the roof. and wind turbines in buildings are effective. >> the discussion was do we do that or not? and the answer was, of course. if they're not perfect yet, they're building a building that will last 100 years. in 100 years someone is going to perfect wind efficient turbines. if these aren't right, we'll replace them. we have time to do that. >> the building that's two renewable energy generations. wind turbines located on the n
. back up. a big logo slide. >> and we're supposed to be about the technology. >> imagine a big stop bullying speak up logo on the slide behind me. >> say that again. >> stop bullying, speak up is the name of the campaign and a nice transition. my complements to everyone in the room. if i have learned everything in the last four years while researching bullying prevention and for our age group and the kids in the second through seventh grade it's that not only does it take a village but a village of people who are willing to partner and collaborate with each other and speak not only to adults about this issue but speak to children and i think it's an interesting transition from mia's work to mine. still not mine. >> it is but -- >> and the role we play at cartoon network and thousands of kids at home everyday and the role we play is taking that information, translating it and content on the line and when kids come independently to our screens to play games and watch television and do a variety of things we have information for them on information they care deeply part. in 2008 as
environmental justice and stewardship and the policy technology adopted. what does this mean and how do we make the mid-cycle review helpful to you. one idea we had is to come before you and give you detailed updates to the capital plan. and the general manager and i and the deputy general manager think this may be helpful to get this in addition to the quarterly ones for the big programs. this could include updates for deferred or emerging projects. and it could include how those key investments, and there is nearly $7 billion of them over the next 10 years, how that is incorporating the good analytical points of the technology policy and the technology delivery systems of those projects. and to the funding sources that you will
again. >> this record was printed on a 3d printer from digital information. >> see how new technology is taking us back to the good-old days, next. it's an underwater photo shoot and the model is not digging it. >> at what point do you say, hey, okay, i get the hint, i'm out of here? it's the shark versus the sofa... desk... you know what? why don't you go get some frozen yogurt. i got this. you're so sweet. you got this, right? i do got this. let us get everything off the shelf, and to your home. sofa... desk... you know what? why don't you go get some frozen yogurt. i got this. you're so sweet. you got this, right? i do got this. let us get everything off the shelf, and to your home. . >>> nicolas, guess what? >> what? >> it is tech time retro style. >> all right. good. ♪ we're listening to a little nirvana "smells like teen spirit" on a record. >> why does it sound like it's coming out of a mud puddle? >> because, this is being played on something that's quite revolutionary. this record was printed on a 3d printer from digital information. >> see, this stuff, they're doing a lot
principle is innovation and technology. when i say italy everybody will think of the arts and music. they don't think of technology yet we want to persuade you there are lots of things to be discovered. i was working in the world of energy and there i think we have taken enormous steps in the direction of a modern sustainable green economy, what we call now distributed generations of people producing and consuming energy. this is happening at an incredible pace in california and i know california like this is and we want to connect with california. some of the events will require the supports of the leaders that are here present, the leaders of the italian american associations. i am very proud to say that all of the leaders of the italian american associations are gathered today, mr. mayor, and senator assembly man and board of supervisors is here to celebrate with us and ramona blackwell who with the committee of the italians abroad and elected body and we will need your support and it's not just top down but bottom up. we're are open to your ideas and suggestions. we want
: farming is a very difficult business and while technology and large corporate farms have made american agriculture some of the most productive in the world, small family farms are having a very difficult time surviving. unless they become very creative. how much passion, persistence, and profitability can you squeeze into a 15-pound block of cheese? at the petaluma creamery in petaluma, california, not quite enough of the last. why did you buy it? >> i wanted to saving a which you are in sonoma county. >> mike: that's a tall order. anybody ever told you you were nuts? >> oh, yes. many a times. >> mike: larry peter bought the 99-year-old petaluma creamery in 2004. it was idle, about to be torn down. a dairyman, peter owns 300 head of jersey milking cows, they roam free on his ranch in two rock, organic to nth degree. a first-generation farmer, peter cobbled together a living from the land, milk, a pumpkin patch in the fall, farmer's markets. but after nearly two decades, he needed to do something to increase revenue. >> i figured if i could cut out the middleman, grow the feed, milk the
, harry reid, to craft a deal. >> a new ultrasound tool could last blood clots in lungs. >> technology is blamed for the lack of fitness but a company is looking to use the device is to encourage athleticism. >> christmas is over and it is time for the post-holiday sales. >> a discovery getting back to biblical times is under arrest near jerusalem. there were also several sacred vessels. the finds are rare. pope benedict xvi called on catholics to fearlessly support their faith. the pontiff delivered his prayer before a crowd gathered in st. peter's square. he spoke of the first christian murartyrs. the pontiff also expressed support and encouragement of all christians to suffer persecution. nearly 40% of people who suffer from pulmonary embolism face major problems. embolism causes heart to work harder which could lead to heart failure. the usual treatment would be clot-busting madison called = = called tpa. >> it delivers the medications for the catheter but it also has ultrasound energy that helps loosen up the clot and allows the tpa to work faster and more effectively. >> ecos is
are in companies investing in. >> when i was a corporate analyst in india tracking markets, technology was considered the engine of growth for the country and one of the bright spots for the market. is technology still one of the areas you are tell clients to invest in in india, or what are the sectors you're looking at? >> i think there's two sectors whether you look at india, china, or asia. there's two sectors we like. it's technology, as you said. i think that's one that -- it's a bright gem. you know, it went from, in india, from a bpo outsourcing business and has grown to an innovation business where brands are being developed and real technological gains are being had. the other sector we like is health care. the demand for health care in these markets is just continuing to grow steadily. obviously people are having longer lives, having more disposable income for health care and treatment. and so those are two sectors we really like. >> okay. and curious, as an emerging market investor, how closely are you watching the fiscal cliff negotiations here in the u.s., the debt crisis
war and it's particularly true of the navy is it six kind of on a technological point in american history things had been changing for some time. the power comes in and the railroads already expanding across the continent but the application of the large-scale warfare in the civil war is one of the first cases where we see that. now the land war probably arguably at least is the most immediate impact was the shoulder muskett which dramatically extended their range the soldiers could fight and at sea there are a number of similarly important technological changes. obviously there is steam that had been around for a generation or more with the application, the universal both on the blockade and those attempting to run the blockade rifled guns just as muskets in the field armies and the artillery extended their range and accuracy thereby hiding elevating the impact of the war ships over the guns ashore going into the civil war. the general motion was turned guns ashore are going to defeat them afloat every time mainly because they don't sink. but with the new rifle ordinance and expl
with the brand new electronics you just unwrapped. our technology editor is here with how to get the best use out of all that gear. >> knowing me, when i open one of those, i'm the first to scratch it, drop it, break it. >>> first, we want to get to some of this news. major damage after strong storms swept through the gulf states. at least three people have died, dozens more are injured from texas to georgia. >> and the news could be getting worse. that storm is moving east with strong winds and snow. winter watches and warnings are posted in 21 states, from texas all the way to maine, including blizzard warnings in seven of those states. our coverage begins with abc's brad wheelis. >> oh, my god, look, that's a tornado. >> reporter: this twister slammed into downtown mobile, alabama, injuring several people. vast swaths of this city were suddenly dark, leaving 17,000 homes and businesses without power. emergency crews blocked roads to better assess the damage, while the rain continued to pour on the city. >> oh, jesus, look at that tornado. >> reporter: another of the more than a dozen tornadoes
be watching and maybe putting money up against? here to tell us is technology reporter natalie morris. welcome back. you had a little baby since the last time, ava. congratulations. >> thank you very much. >> nice christmas, i'm sure. let's start with what you see as a possibility in the phone space next year. >> okay. so i'm seeing a lot of rumors about something called branded phones. so facebook, amazon, now google, mozilla, having whisperings about their own phone which may be a little confusing for consumers but these are phones that are highly branded with these services and that you will be able to get to the services anywhere you are. you can facebook anything -- >> instead of motorola, i will have a private label amazon phone that's going to help me get to amazon and its services quickly, facebook and its quickly. but will they run on droid or microsoft's platform? >> that's the question. there are rumors that mozilla will do their own operating system but a lot of these will probably use some version of android. >> let's talk about microsoft which is always in the news. the surface,
install the systems. as a lover of history, i know he would've been talk of this new technology as a way of keeping an accurate record of events for the memoir he planned to write after leaving office. after the bay of pigs, people say he wanted to be able to remember who said what in case they later changed their tune. [laughter] the wonderful thing about this book is that although much of this material has been available, it has not been easily acceptable until now. the original recordings of of varying quality, and it is not always clear who is speaking in meetings. working with our outstanding archivist, historian ed widmer did an extraordinary job. in election season, i find it fascinating to listen to my father talk about what kind of person succeeds in politics. he believed the time for changing, and he was right for the time. it is interesting to apply his standards to the current campaign. he talks about the odds of people with money succeeding in politics and about whether objects come to play. find his standards to today, i know where i come down. i encourage you to make up yo
comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. representing -- if you would like to win great prizes sign up on bill o'reilly.com. i picked this category for maccallum. >> thank you. >> bill: went with the gangsters. >> gangster notwhat can i do? >> character don core was based on several real life. character johnny fontaine was reportedly based on the relationship between frank sinatra and which real life gangster? >> bill: cards up, please. an easy one. the answer is sam giancana. i am writing about him in killing kennedy. he plays a role. not that you care but i thought i would mention it tied, very thrilling so far. here is question number two. the notorious john dillinger robbed dozens of banks in the 1930s. >
's door, her only hope of survival is top secret technology that transformed her into the bionic woman. and, apparently, the first female cyborg sometimes had a soft approach to violence. - so, the bionic woman, uh, throws a teddy bear at a guy, a sniper in a helicopter, and knocks him out of the helicopter, from i don't know how many yards away. like, three football fields, and a plush toy hits his leg, and he fall-- i'm like, "were your legs made out of cotton candy?" - "stop-- i have a stuffed animal, you nazi." who does this? - but, when it came to home economics, she was the ultimate cleaning machine. - well, because i have to juggle so many things, i shoot "open house," the "live" show. i'm a new mom, i have a husband, everyone's hungry all the time. if i had the powers that the bionic woman had, i think i could do it all a little bit easier. - jaime sommers, first of all, was a great cook. she was the bionic betty crocker. she can cook without a mixer, and she can roll pastry dough a million miles a minute. - the bionic woman's cyborg partner in fighting crime, the six million d
, one of which is directing the department of technology to host quarterly radio communication stakeholder meetings with the department of emergency management, sfmta, the public utilities commission, police, fire, and the motorola bay with staff to ensure there is clear and consistent communication about the status of the current and future planned radio communication projects, and directing the sfmta to provide regular reports back to coit and their subcommittees on the project -- on the progress of this project. in addition, in terms of the regular projects for the city, coit has directed the department of technology to do a study as there is not a plan for the current facilities, the condition of those facilities, and recommendations on how to proceed for other city departments' requirements, technical specifications, timing and a budget for the rest of the city to move forward for their -- to upgrade their radio and data communications. i would also note that the regional motorola bay width system regarding that project in february of 2012, the u.s. congress enacted the mi
technologies, often by a robot... or personally by a technician on a bicycle. sensors detect breaks, cracks, and weaknesses in the pipe. man: we have roots at this cap lateral at 79. narrator: tree roots can grow into the pipe, splitting it apart. man: more light roots at 69. narrator: sometimes they may even find fully collapsed sections. after gathering the data, utilities can assess the need for rehabilitation. sinha: you have to choose the rehabilitation technique so that the life of the pipe can be extended 30 years, 40 years, 50 years. allbee: any asset has an optimal investment strategy. if you're making investments in that asset too early, or too late, you're wasting money. it costs about three times as much to fix a system once it's failed. so it's all about finding that right point where the dollars should flow toward that asset. narrator: but finding the funds to evaluate and rebuild these assets is an ongoing struggle. johnson: there is a gap between what's being spent by municipalities and water supply systems and what needs to be spent. and somehow that has to be made up. so t
says it positions its agents where they are most effective, and that increased manpower and technology have dramatically reduced illegal border crossings. >> yes, there is traffic out on those ranch lands. communities continue to be impacted to a certain extent. but you can't discount the fact that the gains that have been made over the course of the last few years. >> reporter: but the ranchers see it differently. >> the border is not secure. the border is worse than it's ever been. >> reporter: they're most afraid when the sun goes down, and their land comes alive with mexican smugglers headed north. mark potter, nbc news, arizona. >> and there's late word tonight of a huge settlement involving toyota and lawsuits related to claims of sudden acceleration in some of its cars. the settlement is worth up to $1.4 billion. some of the money will go to owners who said they sold their cars at reduced prices because of bad publicity over those claims of sudden acceleration. a lawyer for the plaintiffs called it the largest settlement involving auto defects in u.s. history. >>> and coming up
voters online this campaign than we registered altogether in the last campaign. so the technology has made it easier to organize. in a weird way, the technology has made it easier to individualize hour appeal to voters and the dialogue with voters. i think what was done with this campaign was light years ahead of what we did in the last campaign. whoever is in 2016 will have to reinvent it again because the technology changes so rapidly. twitter was nothing four years ago, and look how important it was in this campaign. one other surprise -- i was surprised at how little the republicans invested in the field in their primary campaign. one thing that really benefited us in 2008 was we had a 50- state primary campaign. from the beginning, we were determined to run a very aggressive and field campaign. we set up operations and all the states -- in all the states. in the battleground states, those organizations sustain themselves. in iowa, that was very important. so i would not, given the nature of the process, at least in those early states, if i were running in 2016 i would not do what
that development of technology while it is short in distance it did not negate, it made it more important because it opened up a whole new geography and the world trade system cultural and economics flow from the geography because what is culture? it is the accumulated experience of a specific people on may specifically and skate over hundreds of thousands of years that leads to tradition and habits that can be identifiable. one of the places i've always considered to have the most deeply denzel identifiable culture shock is remaining. you know, nobody can admit there's a specific romanian culture that's been formed by the consul let between innovators coming from central europe and those coming from the plateau which has fostered a suspicious negotiation and character they can see right of into the politics in bucharest to this day and i can go to every country, not every but many countries and talk about but. >> talk for a moment about germany. one of the images germany has natural boundaries to the north and south with the alps and further burden the east and the west is flat plains, so german
with doctorates in science, technology, engineering and math. two outgoing republican senators introducing legislation granting residence to those bought in the country illegally. though call it the achieve act, similar to the d.r.e.a.m. act. i spoke to one. bill's cosponsors, senator kay bailey hutchison. welcome to you here. how is your legislation different than the d.r.e.a.m. act? >> our legislation gives legal status to the young people in conundrum. they have grown up here. this is the country they know yet they are illegal because their parents brought them here before they were 14 years old. but we don't go into a citizenship track. we allow them to get in line behind the people who have been lawful and waited in line. so we don't give them a preference in line but we do give them a legal status and we don't prohibit them from getting in line if they choose to go the citizenship route. gerri: senator, what do you have to have to be able to be part of the program as you're defining it? >> you have to be under 14 when you came here and you have to be under 28 now. you can serve four
. you have to make people more productive. the tools that really make you productive our technology-based. david: are looking at a five-year, would you go for a basket of goods in technology or i know you like intel, would you rather buy a specific stock like intel beaten-down recently? >> it depends on your level of risk. if you're at low risk investor don't want to do a lot of homework, etf o are the way to . it would probably be a good way to play it. if you want to do more homework and insight into where you think companies spend money, where we try to put all of our technology pics on the business side, we would buy something like intel and to individual stocks in that area. shibani: something i have been hearing a lot about as we get closer and closer to the fiscal cliff, the r. word, recession. is that something that traders are taught about once again as a headline, as a risk to take me prevent for the end of the year and going into 2013? >> i don't think the recession issue is such a big deal on the trading floor and certainly not hearing guys back your talk about it. tradi
. the company says since they developed the technology, they've helped patients take more than 1 million steps, including some down the wedding aisle. 47-year-old lupe was paralyzed cliff jumping. >> it will change my life. it will make me feel a lot better. >> it took weeks of practice. he knows it's not a perfect cure, but it is one step closer to one. >> i have no doubt in my lifetime they'll be some sort of solution for spinal cord injuries. i firmly believe i'll be able to walk in the future. it's just a matter of time. >> that's certainly fascinating technology when you see that video. someone that cannot walk, straps this on and they're able to walk. but this techn cheap. it's about $150,000 per suit. in a lot of cases health insurance does not cover it. but how do you say no to somebody who just wants to walk again? >> it's not light, as well. the entire suit weighs 45 pounds. the load, though, is transferred to the ground, so the patient doesn't bear that weight. but who knows what the next 10, 20, 30 years holds? >> think about all the other applications for it. we're getting close t
policing using both data and technology to help us do that. and then, of course, i think the most important part is to organize our communities and work with community-based organizations, families, religious groups, and everybody that's on the ground to find more ways to intervene in violent behavior out there and utilize resources such as education systems, our community jobs programs, others that might allow people to go in different direction. the unfortunate and very tragic incident in connecticut in sandy hook elementary school of course heightened everybody's awareness of what violence can really be all about. and as we have been not only responding, reacting to this national tragedy that i think president obama has adequately described as broken all of our hearts, and in every funeral that has taken place, for those 20 innocent children and six innocent adults in the school districts, and school administrators, we obviously have shared in that very tragic event, all of us. it has touched everybody across this country. san francisco is no different. and i have shared that emotional e
analysis particularly important technology. people confuse this group of stocks constantly. tech is actually a whole group of sectors, semiconductor -- semiconductors, hardware makers, cell phone, tech, telecommunications tech, infrastructure stocks, assemblers, each has a separate growth rate. here i look to look at the earnings per growth rate shares of companies i follow versus individual slices of the sectors. the sector growth rate doesn't work even though people keep trying to use it. cloud stocks are highly valued meaning the price to earnings to growth rates are extreme. that means there's no room for error or hair as we call it, meaning something is wrong, some chink that could upset the growth rate. in 2007 my favorite sales.com reported a magnificent quarter but the growth was lighter than expected. it got pancaked, why? it underperformed its shoergz of the technology sector even as the growth rate would have been outstanding for a personal computer-related stock, disk drive, semiconductor, or cell phone companies. these days knowing what the sector is isn't enough. yo
a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former chief economist of the vice president joe biden, oliver perch from gary goldberg and matt cheslock and rick santelli, thank you very much. jarred, you wrote an article called "cliff dive, what the heck happens next?" what does happen next? >> well, that's actually all up to john boehner, as i see it, because if we were to decide to bring the president's most recent small car compromise to the house i actually believe it would pass. the problem for him it would probably pass with mostly democrat vote, but i
own the best and i am short the rest. sector analysis is particularly important in technology. because people confuse this gigantic group of stocks, which comprises more than 15% of the s&p 500, constantly. tech is actually the agglomeration of a whole group of sectors, semiconductors, disc drives, software, cloud, internet, personal computers, large scale enterprise hardware makers, tech, tech communications, infrastructure stock, assemblers. each has a separate growth rate. and here i like to look at the earnings per share growth rates of the companies i follow versus the individual slices of the sectors. because the sector growth rate doesn't work even though people keep trying to use it. cloud stocks, for example-r highly valued. meaning the price teernings and growth rates are extreme. that means there's no room for error, or hair as we call it, meaning something is wrong, some chink that could upset the growth rate. in 2011 one of my favorite cloud plays, salesforce.com, report aid magnificent quarter but its guidance for its billings was later than i was hoping. the stock immedi
based on technologies used by japan's bullet train. the launch of the new service expands china's high-speed railway network to more than 9,300 kilometers. officials plan to extend the network to 16,000 kilometers by 2020. the chinese government temporarily suspended construction of high-speed train lines after 40 people died in a two-train collision last year. but it has resumed construction with the aim of helping correct economic disparities between england and the coastal areas, and shoring up the economy. strong concerns remain in china about the safety of high-speed railways. >> translator: it's good to be fast, as well as safe. but safety should be given priority. >> reporter: railway ministry officials stress that they will reinforce safety measures. these including limiting maximum speed to 300 miles per hour for the time being, 50 kilometers per hour slower than what the trains are capable of. shun ishibe, nhk world. >>> a suicide bomber has struck a u.s. military base in afghanistan, killing three people. patchari raksawong joins us from our bureau in bangkok with the detai
are one example of new technology spoke for a downturn in skimmer scan. >> the counter measures have really improved. >> like this pump that sounds an aalmost and kills the power if someone tries to break in. >> i think you'll try to do something different. >> experts admit as card readers get more high-tech, so do the criminals. even though the scams are down, use a credit card instead of a debit card. there are more protection or credit cards and it's easier to dispute fraud. julie watt, cbs 5. >>> netflix users who want to crawl up with a couch are in luck. the streaming company is back on line. they blame amazon's clout for this to happen. this is the third time this year that an amazon outage has disrupted netflix's service. >>> if you are dreaming of a white christmas, you certainly got your wish but enough is enough. >> who says we had a white christmas? way want the snow or nothing at all. the heaviest of the rainfall moving inland, livermore, walnut creek, vallejo. taking you to berkeley where it's still pretty soggy. not as many cars traveling on a typical afternoon. but sp
are free. >> these kinds of smartphone technologies have the potential for a lot of good but the potential for a lot of harm too in terms of embarrassment, unwanted disclosures or discomfort from being tracked. >> reporter: gibson can't get over how easy it was for him and his daughter to be tracked. what's it make you think about? >> if he can find me anybody can. >> reporter: app developers are responding by adding disclosures and written policies which it turns out almost nobody reads. if you read each policy for every website or application you use this year it could take three months of your life. for "cbs this morning," sharyl attkisson, washington. >>> david kirkpatrick is founder and ceo of a media company that focuses on the role of technology in business and society. david, good to see you. >> thanks for having me. >> why does angry birds need to know where we are? >> excellent question and great report. they want to be able to charge more for the ads they sell to their advertisers and it's understandable, but i think that report really points
and invertor and capacity. we tested that technology on the roof of musconnie. the firm we are working with allowed us to see what are the business relationships we need to implement on more broad scale green test bed. this is the first effort of proof of concept. it dovetails with the mayor's office of innovation and economic development. we are partnering with them to look at other areas to have innovative clean-tech ideas in the energy sector. the mayor's office of course is looking more broadly than that. our green test bed provides a nice sector. and a list of accomplishments under that umbrella of innovative deployments here in san francisco. that the mayor's office has initiated. we will be coming to you with next steps. trying to launch this as a broader program. given the experience we are having with this early test. >> all right. >> thank you. >> any questions? >> how is it funded? >> this is a renewable project, we are funding through our small renewable item approved by the commission. our cost for this first initiative was a little over $11,000. most of that goes to dpw f
for technological innovation. it will be focused on silicon valley but also the cultural institute in san francisco we have surprises for you that we're preparing. any other questions? >> [inaudible] >> yeah. >> [inaudible] the problem of the public -- i would like for you to answer it -- [inaudible] >> i try not to be technical, but i hope i would be pervasive just telling you the debt crisis is basically a crisis connected to the governments of the euro system that has hit some countries for some reasons. somewhat we were hit because of the sins of our past. we have been having -- we have had a relatively a sizable but stable debt for a long time, but the point is it's very manageable. we are reducing it pretty fast, very fast indeed, and also to reassure the investors if you put together the net household wealth of italians as compared to the debt of the government and the companies the ratio is three to one, so it's a matter of redistribution somehow. italians thanks to god are a wealtdy people and the matter is how we can put things into order in our household but definitely italy is a major
networking. she served on president obama technology working group and delivered its group to congress and youth safety on the internet and you can read her plug. how's that for a plug? >> thank you very much. our parents guide is free and can be distributed at schools or parent nights or whatever, so we're happy to make them available to you at connect safety .org so a little bit more of the big picture. this is amazing panel of people who have resources and campaigns that can support and reinforce your fine work. so i am glad you stayedand we learned about bullying and preventions and solutions and just to reinforce getting the accurate picture bullying is a serious problem but it's not an epidemic. it's not on the rise. daift finkelhorn and director of the research center university of new hampshire and reviewed studies and bullying among youth is actually down in recent years. his colleague have actually stopped using the term of "bullying" and refer to peer aggression and i can go into definitions but i won't bore you. a subset of bullying is also not on the rise and based
by the constant interaction with technology. dietitians say holiday menus are often packed with, how church and fats. -- with carbohydrates and fats. they can eat before attending a party. alcoholic drinks could stimulate your appetite. >> 5:42. most of us could use some time to unwind. one not had to the movies -- one not had to the movies -- why not head to the >> now insta-weather plus and traffic pulse 11 together. >> the roads are shaping up pretty nicely. volume is on the lighter side. this is the west side. 59 -- 55 miles per hour on the west side. 63 as you make your way eastbound on 70 in towards the beltway. this is 895 at the harbor tunnel. problem free. no problems on the harrisburg expressway, 62 miles per hour. those speeds continue down to the beltway. southbound traffic is building just a bit on 95 from the white marsh area. 55 miles per hour on 295 southbound down towards 195. that is the latest on traffic pulse 11. dave allen has a check of the mta. >> the number 19 bus is delayed at this hour. the 23 bus is diverting at onroe.in and lom everything else is on time. marc tr
technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. david: good morning varney & company viewers. i'm david asman. stuart will be back tomorrow. new at 10:00, federal subsidies for wind power are set to expire in a couple of days on december 31st if congress decides to extend those subsidies, you the taxpayer will be on the hook for 12 billion dollars just for next year alone. since 92 the u.s. has spent nearly 24 billion dollars on wind energy, but get this, it hasn't gotten any cheaper, not a penny. it is still one of the most expensive ways to get energy. so we will be discussing that. let's check the big board. we're up 27, 27, 28 points. again, it reached a high of up 35 points on the dow, a little earlier this morning. it pulled back from that and then is going modestly upward as well. we're not expecting big volume today, but we have big topics to talk about with our company: elizabeth macdonald, adam shapiro
is to technology. tracy: eight hours is essentially new york to key west. lori: i would go like every friday. a christmas outage left millions of users without users streaming netflix. shibani joshi with this christmas debacle next. tracy: washington cannot agree on a plan for the fiscal cliff. we go to the nation's capital after break. let's take a look at how the dollar is faring against foreign currencies as we head to break. ♪ with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. lori: the senate returns to washington tomorrow. with just five days to address the dreaded fiscal cliff. peter barnes is live in d.c. with the very latest. peter: everyone looking to leader harry reid and th
education and research and development, investing in clean energy and technology, investing in infrastructure and dealing with the deficits were more -- in a more balanced way. it was about what our obligations are to each other. it was about big things. those are very, very big things. i will say that, for all of the critique about whether our campaign was about big things or not, the preoccupations of people who write about that -- and i used to do that for a living -- i don't try to separate myself -- many of them are my best friends -- there is an awful lot of horse race coverage of this presidential race. there is such a preoccupation with who will win and who will lose and so little real interest in what the implications are. >> we were talking about pulling. >> public polling is so voluminous now. any to kids with an abacus can do a poll of the corner grocery store and some national news are in position will cover it as if it is news. and maybe the billion tommy pulled him out today. -- the billy and tommy poll came out today. it can be done sound yet they produce res
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